December 23rd, 2013
Interest rate trends: Today – Flat; 10 days – Higher; 25 days – Flat
Interest rate recommendation: Locking
MBS’s are flat to slightly worse this morning even with the worse than expected economic news. Stock futures are higher, causing interest rates from moving much better. This will be a slow week with the holiday and skeleton crews working the trading desks. We will be winding down the year while spending more time with family and albeit still contactable at our phone #’s and emails, we will not be in the office as much as normal. The next Market News will be delivered on January 2, 2014.
To you and your families, have a very Merry Christmas and a Happy New Year!
30 year fixed rate: 4.250% with 4.292% APR.
20 year fixed rate: 4.125% with 4.212% APR.
15 year fixed rate: 3.250% with 3.377% APR.
10 year fixed rate: 3.125% with 3.362% APR.
Use the link below to see all our posted interest rates:
Please visit http://www.GreatAmericanLending.US for further information and/or to apply.
We hope to earn your business.
Have a great day and thank you for choosing Great American Lending.
Dale Packer, MBA
Spencer Packer – Colorado & Utah